Formula Systems (1985) (NASDAQ:FORTY) (NASDAQ: FORTY) is an Israel-based technology holding company that invests in and manages a diversified portfolio of software and IT services businesses. Since its founding in 1985, the company has focused on nurturing innovative technology ventures, supporting growth-stage software firms and delivering strategic value to clients across multiple industries. Through its subsidiaries and affiliated entities, Formula Systems offers a range of enterprise software solutions, system integration services and specialized platforms aimed at enhancing operational efficiency and driving digital transformation.
The company’s subsidiary operations span key segments including enterprise resource planning (ERP), customer relationship management (CRM), cybersecurity, risk and compliance, financial services technology and healthcare IT. By combining in-house development capabilities with strategic partnerships, Formula Systems delivers custom software applications, cloud-based services and managed IT solutions that address the evolving needs of both private and public sector organizations. Core product offerings include business analytics tools, payment processing systems, policy administration platforms and digital workplace solutions.
Serving a global customer base, Formula Systems and its portfolio companies maintain a strong presence in Israel, Europe and North America, with selective penetration into Asia-Pacific and Latin American markets. The company leverages its local expertise and global delivery model to support multinational enterprises, government agencies and mid-market firms. Its regional offices and development centers provide end-to-end project management, technical support and ongoing maintenance services to ensure seamless deployment and continuous innovation.
Under the guidance of a seasoned executive leadership team, Formula Systems emphasizes long-term value creation through strategic acquisitions, organic growth initiatives and operational excellence. The management team combines decades of experience in software development, financial management and international business expansion. With a commitment to research and development, Formula Systems continues to explore emerging technologies—such as artificial intelligence, blockchain and the Internet of Things—to enrich its product portfolio and strengthen its position in the global technology landscape.
